Take-Two Interactive (NASDAQ:TTWO) reported its Q4 earnings results on Monday, May 16, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Take-Two Interactive beat estimated earnings by 4.81%, reporting an EPS of $1.09 versus an estimate of $1.04.
Revenue was up $61.25 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.66% drop in the share price the next day.
Here's a look at Take-Two Interactive's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.23 | 1.34 | 0.89 | 0.67 |
| EPS Actual | 1.32 | 1.63 | 1.01 | 1.40 |
| Revenue Estimate | 879.58M | 865.46M | 689.22M | 664.00M |
| Revenue Actual | 866.12M | 984.85M | 711.43M | 784.53M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Take-Two Interactive management provided guidance for FY 2023, expecting earnings between $4.2 and $4.45 per share.
To track all earnings releases for Take-Two Interactive visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
